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Vinh Phuc seeks investment from S Korea The northern province of Vinh Phuc promoted its potential and called for investment at a conference held in Gyeonggi Province in South Korea on Friday. Speaking before an audience of South Korean businesspeople, Chairman of Vinh Phuc provincial People’s Committee Nguyen Van Tri highlighted the province’s convenient location in Viet Nam’s northern key economic zone and favourable natural conditions suitable for industry, tourism and hi-tech agriculture. He informed the South Korean business circle that the province has made efforts to streamline its administrative procedures, upgrade infrastructure, especially at industrial zones, and train the local labour force. The provincial leader reported that Vinh Phuc is now home to more than 300 foreign direct investment (FDI) projects, including many run by South Korean corporations such as Partron Vina, Haesung Vina, Bangjoo and Interflex. Several more South Korean … [Read more...] about BUSINESS NEWS IN BRIEF 1/8

Vietnamese Ambassador to India Ton Sinh Thanh at the event (Source: VNA) New Delhi (VNA) – The second ASEAN-India Workshop on Blue Economy took place in New Delhi on July 18, attracting over 60 delegates, including government officials, scholars, and researchers from ASEAN and India. As co-chairperson of the event, Vietnamese Ambassador to India Ton Sinh Thanh underscored the importance of blue economy in regional and global development, affirming that Vietnam and ASEAN member states consider maritime cooperation as one of the prioritised cooperation fields with India. Building on the success of the first workshop of its kind held in Vietnam’s Nha Trang city in November 2017, he urged delegates to raise specific proposals to foster blue economy cooperation within the ASEAN-India strategic partnership framework, as well as strengthen regional maritime connectivity. The diplomat expressed his hope that negotiations on the ASEAN-India maritime transport agreement … [Read more...] about Second ASEAN-India workshop on blue economy held

ACV plans to expand Tuy Hoa airport in Phu Yen province The Airports Corporation of Vietnam (ACV) is developing a plan to expand Tuy Hoa airport in the south central province of Phu Yen. The Airports Corporation of Vietnam (ACV) is developing a plan to expand Tuy Hoa airport in the south central province of Phu Yen and build a new terminal with a capacity of 2.5 million passengers per year in the 2020-2025 period. Last year, more than 337,000 passengers arrived at the Tuy Hoa airport, equaling 61 percent of its present capacity. By 2020, the airport’s capacity will reach 600,000 passengers per year, and by 2030 will be 3 million per year, according to the scheme to develop airway transport by 2020, which has been approved by Prime Minister Nguyen Xuan Phuc. The Ministry of Transport gave instructions to ACV to inspect and adjust the plan for different airports so that it is in accordance with what was approved by the PM. ACV Director Le Manh Hung said that at present, the … [Read more...] about Social News In Brief 18/7

So far, the region has nearly 300 communes achieving standards as per the governmental plan, higher than the country’s average rate and per capital income also increases nearly 10 percent ; residents’ living condition becomes better. "In these ending days of April, if you have time to drop by An Luc Long -new rural commune in the Mekong delta province of Long An’s Chau Thanh District, you will see changes. Since dragon fruit becomes the major tree to help residents escape poverty, commune dwellers get wealthier", said Ha Minh Tuan, secretary of An Luc Long Party Committee. Face of the commune is brighter with tarmac paths and cement bridges. Along the roads are spacious schools and houses with trees being heavily laden with dragon fruit. Mr. Tuan added that the better life is result of concerted efforts of government and residents. Before, the commune just achieved ten out of 19 standards ; therefore the commune authority was decisive to both build cultural and new … [Read more...] about New face of rural district thanks to government’s plan

Vietnam, Pakistan hold second political consultation Vietnamese Deputy Minister of Foreign Affairs Dang Dinh Quy co-chairs the 2nd Vietnam-Pakistan political consultation in Islamabad capital on April 13. Vietnam and Pakistan held their second political consultation in Islamabad capital of the Muslim country on April 13, during which they lauded their close collaboration and were unanimous to support each other at regional and international forums. At the meeting, co-chaired by Vietnamese Deputy Minister of Foreign Affairs Dang Dinh Quy and his Pakistani counterpart Tehmina Janjua, the two sides reached consensus that the foreign ministries should uphold their core role in promoting bilateral cooperation in various fields. They highlighted the importance of high-level meetings and people-to-people exchanges while agreeing to accelerate the meeting of the inter-governmental committee on economic, cultural and sci-technological cooperation in 2018. As part of the efforts to enhance … [Read more...] about Government News 16/4